Bought with ZNonMember-Office-MLS
$1,250,000
$1,500,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
441 NE Alder ST #1 & 2 Issaquah, WA 98027
3,160 SqFt
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,160 sqft
Price per Sqft $395
Subdivision Downtown Issaquah
MLS Listing ID 2179900
Sold Date 01/19/24
Style 52 - Duplex
HOA Fees $416/mo
Year Built 1998
Annual Tax Amount $10,882
Lot Size 6,350 Sqft
Property Description
A rare opportunity to acquire two adjacent townhome condominium units in Issaquah's Olde Town, where vibrant eateries, theatre, parks, trailheads are more are a short stroll away. This property is now available for sale for the first time in over two decades. Each well-maintained unit boasts an ideal 3-bedrooms and 2.25-bathromm layout over a spacious 1,580 square feet of living space, ideal for anyone who is drawn to Issaquah, one of the most sought-after submarkets. While the property is profitable in its current operations, new owner can increase cash flow by lifting rents to market and enjoy greater appreciation in property value by selling each condominium unit individually to homebuyers at a later time.
Location
State WA
County King
Area 500 - East Side/South Of I-90
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available High Speed Internet, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Curbs, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Clark Elem
Middle Schools Issaquah Mid
High Schools Issaquah High
School District Issaquah
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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